Actuarial Associate Manager (Phó Trưởng Nhóm Định Phí Bảo Hiểm)

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Scope 1: Vietnam Risk-based Capital

• Support the development and implementation of Vietnam's Risk-Based Capital (V-RBC) framework by providing actuarial expertise and business insights.
• Review the proposed methodologies, calculations and calibrations from external consultant.
• Assess the financial, solvency, and business impacts of RBC requirements on PVA.
• Coordinate data collection, validation, and submission for Quantitative Impact Studies (QIS).
• Support testing, documentation, training, and operational readiness activities for RBC implementation.

Scope 2: Asset-Liability and Capital Management

• Conduct analysis on asset-liability duration gap on a quarterly basis and conduct Group Approval Limit report based on Group requirements.
• Review Strategic Asset Allocation (SAA) for various funds.

Scope 3: Asset-Liability Committee (“ALCO”) Meeting Support

• Support Head of CAS to coordinate ALCO members and consolidate ALCO materials.
• Prepare ALCO meeting minutes.

Scope 4: Group Internal Economic Capital reporting (GIECA)

• Perform reporting process to produce GIECA Balance Sheet & Profit & Loss, Available Economic Capital (AEC) and Economic Capital Requirement (ECR), following the Group requirements.
• Collaborate with Group team in supporting them with their lite model runs and 1-in-200 stress test.
• Conduct business plan for GIECA NB AEC and other GIECA ad-hoc tasks/ requests.

Requirements

Qualification:

• A good university degree in a subject with significant exposure to actuarial, finance, mathematics and/or statistics

Advantage: Passed some actuarial exams.

Experiences:

     Mandatory:

• At least 4 years of relevant actuarial experience and international reporting standards.
• At least 4 actuarial exams passed.
• Good command of written and spoken English.

• Advantage: Prior experience with Prophet or other actuarial modelling software such as DCS, SQL, Python, VBA …

Knowledge and skill set:

Mandatory:

• Good command of written and spoken English
• Good analytical skills
• Knowledge of Excel, MS Word, Access and database packages

Advantage:

• Deeply understand about actuarial cashflows, product modelling, product pricing.
• Demonstrated understanding of fundamental actuarial concepts
• Knowledge of basic actuarial techniques and terminology

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.